宏观经济学课件 OBlanchard Macroeconomics 6th chapter 17Word文档格式.docx
- 文档编号:3416662
- 上传时间:2023-05-01
- 格式:DOCX
- 页数:25
- 大小:19.68KB
宏观经济学课件 OBlanchard Macroeconomics 6th chapter 17Word文档格式.docx
《宏观经济学课件 OBlanchard Macroeconomics 6th chapter 17Word文档格式.docx》由会员分享,可在线阅读,更多相关《宏观经济学课件 OBlanchard Macroeconomics 6th chapter 17Word文档格式.docx(25页珍藏版)》请在冰点文库上搜索。
D
Diff:
2
2)WhichofthefollowingwillNOTcauseaggregateprivatespendingtoincrease?
A)anincreaseinexpectedfuturerealinterestrates
B)anincreaseingovernmentspending
C)areductioninfuturetaxes
A
1
3)Whichofthefollowingwillcauseaggregateprivatespendingtodecrease?
A)areductioningovernmentspending
B)anincreaseinexpectedfutureinterestrates
C)anincreaseinexpectedfuturetaxes
4)WhichofthefollowingwillcausetheLMcurvetoshiftup?
A)anincreaseintheexpectedfutureinterestrate
B)anincreaseincurrentincome
E
5)Achangeinwhichofthefollowingwillhaveadirecteffectontheamountofmoneyindividualswishtoholdinthecurrentperiod?
A)thecurrentnominalinterestrate
B)thecurrentrealinterestrate
C)theexpectedfuturenominalinterestrate
D)theexpectedfuturerealinterestrate
E)alloftheabove
6)Areductioninwhichofthefollowingvariableswillcauseanincreaseintheamountofmoneyindividualswishtoholdinthecurrentperiod?
A)currentincome
B)thecurrentnominalinterestrate
C)thecurrentrealinterestrate
D)expectedfutureincome
B
7)Supposeindividualsexpectthatinterestrateswillincreaseinthefuture.AlsoassumethattheFedwantstopreventanychangeincurrentoutput.GiventhisgoaloftheFed,theFedshouldimplementapolicyinthecurrentperiodthat
A)shiftstheIScurverightward.
B)shiftstheIScurveleftward.
C)shiftstheIScurveleftwardandtheLMcurveupward.
D)shiftstheLMcurveupward.
E)shiftstheLMcurvedownward.
8)AchangeinwhichofthefollowingvariableswillcauseashiftoftheIScurveinthecurrentperiod?
A)thecurrentinterestrate
B)currentoutput
C)currenttaxes
9)TheIScurvebecomessteeperwhen
A)governmentspendingisrelativelysmall.
B)theincometaxrateinthecurrentperiodisrelativelysmall.
C)currentchangesintherealinterestratecauselargechangesincurrentrealoutput.
D)changesinthecurrentrealinterestratecausesmallchangesincurrentdemand.
10)TheIScurveshiftstotheleftwherethereis
A)areductionincurrenttaxes.
B)anincreaseinexpectedfuturetaxes.
C)anincreaseinexpectedfutureoutput.
11)Supposeindividualsnowbelievethattherewillbeafuturetaxcut.Thisreductioninexpectedfuturetaxeswillcausewhichofthefollowingtooccurinthecurrentperiod?
A)theLMcurvetoshiftdown
B)theLMcurvetoshiftup
C)theIScurvetoshiftrightward
D)theIScurvetoshiftleftward
C
12)Supposeindividualsnowbelievethattherewillbeanincreaseinthefutureexpectedinterestrate.Thisincreaseintheexpectedfutureinterestratewillcausewhichofthefollowingtooccurinthecurrentperiod?
A)anupwardshiftoftheLMcurve
B)aleftwardshiftoftheIScurve
C)theIScurvetobecomeflatter
D)theLMcurvetobecomesteeper
13)AssumethatthecurrentdemandforgoodsDOESdependonexpectationsintheIS-LMmodel.AmonetaryexpansioninthecurrentperiodwillcausearightwardshiftintheIScurveif
A)currentandexpectedfuturerealinterestratesarepositivelyrelated.
B)currentandexpectedfuturerealinterestratesarenegativelyrelated.
C)currentandexpectedfuturerealinterestratesareunrelated.
D)thecentralbankisexpectedtoreverseanycurrentmovementsinmonetarypolicyinthefuture.
E)monetarypolicycannotaffect,directlyorindirectly,thepositionoftheIScurveinthecurrentperiod.
14)Rationalexpectationsassumesthatindividuals
A)canaccuratelypredictthefuture.
B)makepredictionsbasedonthepastbehavioroftheeconomy.
C)formtheirpredictionsofmacroeconomicvariablesrandomly.
D)haveperfectforesight.
15)Adaptiveexpectationsassumesthatindividuals
B)basepredictionsonrandomevents(i.e.,animalspirits).
D)useallavailableinformationinpredictingthefuture.
16)"
Animalspirits"
refersto
A)thestubbornrefusalofmanyeconomicdecision-makerstouserationalexpectations.
B)movementsininvestmentthatcannotbeexplainedbychangesincurrentvariables.
C)theoften-observedFedrefusaltocooperatewiththegovernmentinsettingitsmonetarypolicy.
D)theimpactoftax-evasiononthebudgetdeficit.
E)anexoticalcoholicdrinkfavoredbyWallStreettraders.
17)Whichofthefollowingwouldbeaviolationoftherationalexpectationsassumption?
A)"
Overthepasttwentyyears,peoplehaveconsistentlyunder-predictedtheinflationrateforthefollowingyear."
B)"
Overthepasttwentyyears,peoplehaveneveronceaccuratelypredictedtheinflationrateforthefollowingyear."
C)"
TheFed'
sannouncementthatitmighteaseinterestratescausedanimmediatedropinshort-termrates,evenbeforetheFedtookanyaction."
18)SupposetheFedincreasesthemoneysupplyinthecurrentperiodwithnootherpolicychangeimplementedoranticipated.ThispolicyactionwillcausewhichofthefollowingshiftsintheISand/orLMcurvesinthecurrentperiod?
A)ISleft;
LMup
B)ISright;
C)noshiftinIS;
LMdown
D)ISleft;
E)ISright;
19)Assumeindividualsconsideronlytheshort-runeffectsofchangesinfuturemacrovariableswhenformingexpectationsoffutureoutputandfutureinterestrates.Apermanentincreaseinthemoneysupply,withnootherpolicychangeimplementedoranticipated,willmostlikelycause
A)anincreaseinthecurrentinterestrate.
B)anincreaseinfutureoutputandanincreaseinthefutureinterestrate.
C)anunknowneffectonthecurrentinterestrate.
20)Supposethereisafiscalexpansioninthecurrentperiod.Thisfiscalexpansionwilltendtocauseasmallerincreaseincurrentoutputwhen
A)anincreaseincurrentoutputcausesanincreaseinexpectedfutureoutput.
B)anincreaseinthecurrentinterestratecausesexpectationsofexpansionarymonetarypolicyinthefuture.
C)anincreaseinthecurrentinterestratecausesanincreaseinexpectedfutureinterestrates.
D)bothAandB
21)Supposethecentralbankreducesthemoneysupply.Thismonetarycontractionwillalwayscauseagreaterreductioninoutputwhenitisaccompaniedby
A)anincreaseinexpectedfuturetaxes.
B)anincreaseinexpectedfutureinterestrates.
C)areductioninexpectedfutureoutput.
22)Supposepolicymakerspassabudgetthatreducesthebudgetdeficit.Adeficitreductionpackagesuchasthishasagreaterchanceofincreasingcurrentoutputwhen
A)thepolicyisfront-loaded.
B)financialmarketsbelievethattaxeswillnotincreaseinthefuture.
C)financialmarketsbelievetheFedwilllowerinterestratesinthefuture.
23)Supposethereisanincreaseinexpectedfutureoutput.Thiswillcausewhichofthefollowingtooccur?
A)theIScurvetoshiftleftinthecurrentperiod
B)theIScurvetoshiftrightinthecurrentperiod
C)theLMcurvetoshiftupinthecurrentperiod
D)theLMcurvetoshiftdowninthecurrentperiod
24)Supposethereisasimultaneousreductioninexpectedfutureoutputandreductioninthefutureexpectedinterestrate.Thiswillcausewhichofthefollowingtooccur?
E)anambiguouseffectonthepositionoftheIScurveinthecurrentperiod
25)Supposethereisanincreaseintheexpectedfutureinterestrate.Thiswillcausewhichofthefollowingtooccur?
26)Supposethereisasimultaneousreductionintheexpectedfutureinterestrateandincreaseinfutureexpectedoutput.Thiswillcausewhichofthefollowingtooccur?
D)theLMcurvetoshiftdowninthe
- 配套讲稿:
如PPT文件的首页显示word图标,表示该PPT已包含配套word讲稿。双击word图标可打开word文档。
- 特殊限制:
部分文档作品中含有的国旗、国徽等图片,仅作为作品整体效果示例展示,禁止商用。设计者仅对作品中独创性部分享有著作权。
- 关 键 词:
- 宏观经济学课件 OBlanchard Macroeconomics 6th chapter 17 宏观经济学 课件 th
链接地址:https://www.bingdoc.com/p-3416662.html